Conclusions: The Politics of Economic Transformation

  • John J. Bailey


Mexican government officials sometimes label as catastrofistas those doomsayers who see unacceptable futures fraught with violence or increasing misery for their country. A hard look at the future might indeed lead some to dabble in disaster scenarios. But this sort of attitude merely contributes to self-fulfilling prophecy. It is more useful to assess what has been shown about Mexican institutions and policies in the light of the government’s commitment to restructure the economy. Such a restructuring involves several dimensions and implies challenges for the socio-political order. Outdated industrial, commercial and argicultural arrangements must be altered to produce more efficiently. Important to achieve this is economic opening, which implies new policies to promote foreign investment and new lines of exports, especially in labour-intensive products.


Foreign Investment Succession Process Public Enterprise Economic Transformation Foreign Debt 
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Notes and References

  1. 5.
    Potter, J.E. ‘Mexico: A Model for Success’, Harvard International Review, 8: 4 (March 1986) 33–35.Google Scholar
  2. 8.
    Hansen, R. ‘The Evolution of US-Mexican Relations: A Sociopolitical Perspective’, in Erb, R.E. and Ross, S.R. (eds) (1982) United States Relations with Mexico (Washington, D.C.: AEI) p. 42, rightly reminds us that passivity should not be assumed.Google Scholar
  3. 11.
    O’Donnell, G. (1973) Modernization and Bureaucratic-Authoritarianism: Studies in South American Politics (Berkeley, Institute for International Studies) fn. 77, pp. 95–97;Google Scholar
  4. 11.
    O’Donnell, G. ‘Tensions in the Bureaucratic-Authoritarian State and the Question of Democracy’, in Collier, D. (ed.) (1979) The New Authoritarianism in Latin America (Princeton, N.J.: Princeton University Press) p. 312, provides especially interesting comparative insights on the resilience of the Mexican system.Google Scholar
  5. 12.
    See Portes, A. ‘Immigration Reform Again: The 1985 Proposals’, LASA Forum, 16:4 (Winter 1986), 31–34, for a succinct overview.Google Scholar
  6. 13.
    See, for example, Selowsky, M. ‘Balancing Trickle Down and Basic Needs Strategies: Income Distribution in Large Middle-Income Countries with Special Reference to Latin America’, World Bank Staff Working Papers, No. 335 (1979).Google Scholar

Copyright information

© John J Bailey 1988

Authors and Affiliations

  • John J. Bailey
    • 1
  1. 1.Georgetown UniversityUSA

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